In the 2000 crash, we had a clean breakout in the $SPX. It retested the support, bounced, then crashed straight through it.
In 2022/2023, we are seeing a similar event. We just broke through the year long resistance. We've retested it as support, and are now heading back down towards it.
In 2022/2023, we are seeing a similar event. We just broke through the year long resistance. We've retested it as support, and are now heading back down towards it.
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